Senator Sheldon Whitehouse
๐ค SpeakerAppearances Over Time
Podcast Appearances
But you aren't gonna say here today that you would reverse course even if you created inflation as high as we had at the peak of the COVID economic crisis.
But you aren't gonna say here today that you would reverse course even if you created inflation as high as we had at the peak of the COVID economic crisis.
Let's just be really clear that the Trump administration is here today to say that even if inflation hits Americans' pocketbooks at 10% because of these tariffs, then the Trump administration is still going to go charging ahead.
Let's just be really clear that the Trump administration is here today to say that even if inflation hits Americans' pocketbooks at 10% because of these tariffs, then the Trump administration is still going to go charging ahead.
Let's just be really clear that the Trump administration is here today to say that even if inflation hits Americans' pocketbooks at 10% because of these tariffs, then the Trump administration is still going to go charging ahead.
So, Ambassador, would the administration reverse course if the president's tariffs caused a 50 percent stock market crash, which would hurt Americans' retirement savings even more than they've been hurt in the last 10 days or so?
So, Ambassador, would the administration reverse course if the president's tariffs caused a 50 percent stock market crash, which would hurt Americans' retirement savings even more than they've been hurt in the last 10 days or so?
So, Ambassador, would the administration reverse course if the president's tariffs caused a 50 percent stock market crash, which would hurt Americans' retirement savings even more than they've been hurt in the last 10 days or so?
So again, your answer is even if the stock market crashes 50%, which is how much the stock market crashed in the Great Recession, you're not going to say here today that you would reverse course even if you crash the stock market and harm retirement savings as drastically as happened during the Great Recession in 2017.
So again, your answer is even if the stock market crashes 50%, which is how much the stock market crashed in the Great Recession, you're not going to say here today that you would reverse course even if you crash the stock market and harm retirement savings as drastically as happened during the Great Recession in 2017.
So again, your answer is even if the stock market crashes 50%, which is how much the stock market crashed in the Great Recession, you're not going to say here today that you would reverse course even if you crash the stock market and harm retirement savings as drastically as happened during the Great Recession in 2017.
My hypotheticals are based on the fact that a lot of Americans are looking at their 401ks today and wondering how much of a lifestyle change they are going to have to have or whether they're going to be able to retire when they plan to because of the recklessness and haphazard nature of the Trump administration's imposition of tariffs. Nothing was... thought out about this.
My hypotheticals are based on the fact that a lot of Americans are looking at their 401ks today and wondering how much of a lifestyle change they are going to have to have or whether they're going to be able to retire when they plan to because of the recklessness and haphazard nature of the Trump administration's imposition of tariffs. Nothing was... thought out about this.
My hypotheticals are based on the fact that a lot of Americans are looking at their 401ks today and wondering how much of a lifestyle change they are going to have to have or whether they're going to be able to retire when they plan to because of the recklessness and haphazard nature of the Trump administration's imposition of tariffs. Nothing was... thought out about this.
This has been a haphazard, incompetent effort, and it's showing. Thank you, Mr. Chair.
This has been a haphazard, incompetent effort, and it's showing. Thank you, Mr. Chair.
This has been a haphazard, incompetent effort, and it's showing. Thank you, Mr. Chair.
What are you doing about the impact of international tourism and now these blanket tariffs having a negative impact?
What are you doing about the impact of international tourism and now these blanket tariffs having a negative impact?
What are you doing about the impact of international tourism and now these blanket tariffs having a negative impact?